Duff & Phelps CEO Grumhaus Buys 1,200 Shares at $12.77/Share on 2025-08-25.

Duff & Phelps Utility & Infrastructure Fund Inc. (DPG) has recently announced that President and CEO Grumhaus David D Jr. has acquired 1,200 shares at a price of $12.77 per share on August 25, 2023.

Duff & Phelps Utility & Infrastructure Fund Inc. (DPG) has recently announced that President and CEO David D. Jr. Grumhaus has acquired 1,200 shares of the company's common stock. The transaction took place on August 25, 2023, with each share purchased at a price of $12.77. The total cost of the acquisition was $15,324 [1].

Following this purchase, Grumhaus's direct ownership of DPG shares increased to 11,612 shares. Among these, 535 shares were acquired through a dividend reinvestment plan [1].

The acquisition was reported through a SEC Filing Form 4, a standard document used to disclose significant transactions by corporate insiders. This filing provides transparency and adheres to regulatory requirements, ensuring that investors have access to relevant information [1].

Investors should note that while this acquisition may indicate Grumhaus's confidence in the company's prospects, it does not constitute a definitive endorsement of DPG's stock. Market performance is influenced by a multitude of factors, and investors should conduct their own due diligence before making investment decisions.

References:
[1] https://www.tradingview.com/news/tradingview:4a72ce7debb30:0-duff-phelps-utility-infrastructure-fund-ceo-acquires-1-200-shares/